USD/CHF: Swiss Franc trading lower in the morning session

Posted on January 18, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.88% against the CHF and closed at 1.0018. In the Asian session, at GMT0400, the pair is trading at 1.0027, with the USD trading 0.09% higher against the … Continue reading →

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USD/JPY: Japanese Yen trading on a weaker footing this morning

Posted on January 18, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 1.13% against the JPY and closed at 112.78. In the Asian session, at GMT0400, the pair is trading at 113.04, with the USD trading 0.23% higher against the … Continue reading →

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GBP/USD: Theresa May outlines clean break for Britain

Posted on January 18, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP jumped 3.2% against the USD and closed at 1.2403, following Theresa May’s speech that outlined Britain’s plans for leaving the European Union (EU). During a speech at Lancaster House … Continue reading →

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EUR/USD: ZEW survey of economic sentiment improved across the Euro-zone in January

Posted on January 18, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 1.05% against the USD and closed at 1.0709, after the Euro-zone’s ZEW survey of economic sentiment index advanced to a level of 23.2 in January, strengthening to an … Continue reading →

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AUD/USD: Aussie trading higher in the Asian session

Posted on January 17, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.17% against the USD and closed at 0.7468. LME Copper prices rose 1.0% or $60.0/MT to $5857.0/MT. Aluminium prices rose 1.2% or $21.5/MT to $1812.0/MT. Yesterday, the IMF … Continue reading →

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USD/CAD: Canada’s existing home sales rebounded in December

Posted on January 17, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.3186. On the data front, Canada’s existing home sales rebounded 2.2% MoM in December. In the previous month, existing home sales … Continue reading →

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USD/CHF: Swiss Franc trading on a stronger footing this morning

Posted on January 17, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CHF and closed at 1.0107. In economic news, Switzerland’s total sight deposits stood at a level of CHF531.4 billion in the week ended 13 January. … Continue reading →

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USD/JPY: IMF raises growth forecast for Japan to 0.8% for 2017

Posted on January 17, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.02% against the JPY and closed at 114.07. Yesterday, the IMF predicted that Japan’s economy will grow 0.8% this year, up 0.2% from its estimate in October. In … Continue reading →

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GBP/USD: BoE’s Carney warns of hit to Britain’s economic growth amid rising inflation

Posted on January 17, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.07% against the USD and closed at 1.2018. Yesterday, the Bank of England (BoE) Governor, Mark Carney, in a speech at the London School of Economics, stated that … Continue reading →

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EUR/USD: Euro trading on a stronger footing, ahead of Euro-zone’s ZEW survey data

Posted on January 17, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.21% against the USD and closed at 1.0598. In economic news, data showed that the Euro-zone’s seasonally adjusted trade surplus widened more-than-expected to a level of €22.7 billion … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on January 16, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.31% against the USD and closed at 0.7502 on Friday. LME Copper prices rose 0.8% or $44.5/MT to $5797.0/MT. Aluminium prices rose 0.1% or $2.5/MT to $1790.5/MT. In … Continue reading →

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